iShares Russell 3000 ETF (NYSEARCA:IWV) Hits New 1-Year High – What’s Next?

iShares Russell 3000 ETF (NYSEARCA:IWV)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $345.47 and last traded at $344.60, with a volume of 16156 shares traded. The stock had previously closed at $342.28.

iShares Russell 3000 ETF Stock Performance

The firm has a market capitalization of $15.76 billion, a PE ratio of 24.59 and a beta of 1.03. The company’s 50-day moving average price is $330.57 and its 200-day moving average price is $316.80.

Institutional Investors Weigh In On iShares Russell 3000 ETF

Several institutional investors have recently modified their holdings of the company. Truvestments Capital LLC purchased a new stake in iShares Russell 3000 ETF in the third quarter valued at $33,000. Financial Connections Group Inc. purchased a new stake in shares of iShares Russell 3000 ETF in the second quarter valued at about $37,000. Blue Trust Inc. raised its holdings in shares of iShares Russell 3000 ETF by 384.0% in the third quarter. Blue Trust Inc. now owns 121 shares of the company’s stock valued at $37,000 after buying an additional 96 shares during the last quarter. Denver PWM LLC purchased a new stake in shares of iShares Russell 3000 ETF in the second quarter valued at about $42,000. Finally, Federated Hermes Inc. raised its holdings in shares of iShares Russell 3000 ETF by 142.1% in the second quarter. Federated Hermes Inc. now owns 138 shares of the company’s stock valued at $43,000 after buying an additional 81 shares during the last quarter.

About iShares Russell 3000 ETF

iShares Russell 3000 ETF, formerly iShares Russell 3000 Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the United States equity market, as represented by the Russell 3000 Index (the Index).